Senior Cost Accounting Analyst

Now that you’ve found the job description, what’s next? 

At VF, we strive to foster a culture of belonging based on respect, connection, openness, and authenticity.  As a purpose-led, performance-driven company, we are committed to inclusion, diversity, equity, and action. So, before we get to the job details, take a minute to learn a little more about us – our values and our culture - visit VF Careers or www.vfc.com.  

What will you do? 

A day in the life of a Senior Cost Accounting Analyst at VF looks a little like this. 

As part of VF Accounting team, this position is responsible for costing and inventory financial reporting to senior finance management, and to various external entities in accordance with required accounting standards and regulations. The Senior Cost Accounting Analyst is assigned to a combination of internal reporting and analysis responsibilities and financial accounting projects.  This position also assists with monthly forecast, annual budget process and the strategic plan process for the brands they support.  

Let’s break down that day-in-the-life a bit more. 

• Responsible for the month end closing process by reviewing cost center expenses and balance sheet accounts, analyzing variances for both budget and forecasts, capitalizing relevant variances, and recording journal entries as needed, specifically for larger brands. 

• Analyze the absorption variances by matching actual costs against absorptions earned from receipts, record and analyze the variance from standards, and provide summary information for management reporting.   

• Prepare reporting to review purchasing variance by comparing open PO values to SAP standard costs, investigate significant differences, work to correct master data if required and communicate expected variance findings to the brands to assist with forecasting.   

• Prepare account reconciliations for assigned balance sheet accounts. �� 

• Maintain irregulars and in-transit associated entries and analysis. Follow up on discrepancies.   

• Work with the distribution centers to understand monthly inventory adjustments.   

• Team lead for system reporting tickets related to SAP and BI reports.   

What do you need to succeed? 

We all have unique skills that we bring to work and celebrate every day. For this role, there are foundation skills and education you’ll need to succeed and excel: a Bachelor’s degree in Accounting, Finance or a related field and 3-5 years of experience. 

The foundation skills you will need in this position are: 

• Advanced Excel software proficiency and experience 

• Excellent understanding of systems – Microsoft Office, SAP & Cognos preferred   

• Query experience and excellent report writing knowledge   

• Demonstrated critical th